With more than thirty-three years of experience as a forensic accountant, Thomas Neches is a leading CPA witness in the Los Angeles area of California. He has testified as a CPA expert witness in both state and federal courts throughout the nation on behalf of both plaintiffs and defendants in a broad range of case types and industries.Forensic accountants provide accounting services in the context of a legal proceeding. To justify the cost of retaining a forensic accountant, the amount in dispute typically is significant, from tens of thousands to tens of millions of dollars.
Services
Thomas Neches, managing partner of Thomas Neches & Company LLP, provides accounting, financial, business valuation and statistical analyses to assist attorneys involved in litigation. Mr. Neches has testified as an expert in state and federal courts in Arizona, California, Florida, Kentucky, Missouri, Nevada, New York and Oregon.
Proving your case in a civil or criminal trial has become increasingly difficult. Working with a professional who can provide expert testimony can help to add credibility to your case and potentially tip the scales in your favor. Expert witness testimony can drastically alter the outcome of a trial.
In many instances, economic damages may be alternatively calculated as future lost profit or lost business value. Lost business value may seem to the jury to be less speculative than projected future profits, and the tax treatment of any award may be more favorable for businesses. Calculating the value of a business in accordance with professional standards requires specialized expertise, experience and credential.
Whether prosecuting or defending a claim for lost profit, it is critical to identify and quantify the economic damages. Lost profit can result from many causes - including breach of contract, fraud and patent infringement - that can greatly affect your business. To recover or refute lost profit damages, they must be explained - clearly and persuasively - to the jury.
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